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Canadian Solar, Signal Energy to build 275-MW plant in NSW

New South Wales solar park. Author: Chris Baird. License: Creative Commons. Attribution 2.0 Generic.

January 17 (Renewables Now) - Canadian Solar Inc (NASDAQ:CSIQ) said today that together with Signal Energy it has won a contract to build the 333-MWp/275-MW AC Darlington Point solar power plant in New South Wales, Australia.

Construction work is expected to begin in March 2019 and conclude in early 2020.

The announcement comes a few days after Australian renewables developer Edify Energy and UK-based Octopus Investments said they had arranged over AUD 450 million (USD 323m/EUR 283m) in financing for the particular project.

The developers have chosen Canadian Solar’s HiKu modules (CS3W-P) and have ordered over 820,000 units, each averaging 400 W. Upon completion, the Darlington Point solar farm will be generating enough power to meet the consumption of more than 115,000 local homes.

(AUD 1.0 = USD 0.717/EUR 0.630)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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